Betting on mortgages to fail
3:01:02–3:01:23 · 22s
The host explains credit default swaps as banks literally betting on whether loans collapse, spotlighting the perverse incentives that fueled 2008.
3:01:02–3:01:23 · 22s
The host explains credit default swaps as banks literally betting on whether loans collapse, spotlighting the perverse incentives that fueled 2008.
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